Edition:
India

Continental’S Buchanan Plant Repair Outage


Wednesday, 30 Jan 2019 

Jan 29 (Reuters) - Continental Building Products Inc ::CONTINENTAL’S BUCHANAN PLANT REPAIR OUTAGE.ON JANUARY 24, CONTINENTAL BUILDING PRODUCTS' BUCHANAN, NY PLANT EXPERIENCED A SIGNIFICANT EQUIPMENT MALFUNCTION, RESULTING IN OUTAGE AT PLANT.WHILE BUCHANAN PLANT IS DOWN, PLANTS IN SILVER GROVE, KENTUCKY & PALATKA, FLORIDA TO CONTINUE TO DELIVER PRODUCT.TEAMS HAVE DETERMINED BUCHANAN PLANT WILL LIKELY BE SHUT DOWN THROUGH END OF FEB 2019 TO COMPLETE REPAIRS.SILVER GROVE & PALATKA PLANTS TO BE ABLE TO INCREASE PRODUCTION TO OFFSET PART OF LOST PRODUCTION FROM BUCHANAN PLANT.TWO PLANTS WILL NOT BE ABLE TO MAKE UP ALL OF LOST PRODUCTION AT BUCHANAN PLANT.FOR DURATION OF SHUTDOWN, EXPECT TO LIMIT NEW ORDERS FOR SHIPMENTS NORMALLY DELIVERED FROM BUCHANAN PLANT.TO PROVIDE AN UPDATE ON BUCHANAN MATTER AS PART OF FINANCIAL RESULTS ON FEB 21. 

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